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August 2025 · Kitchener
Average Rent in Kitchener — August 2025
151 confirmed residential leases in Kitchener in August 2025. Average rent $2,287/month. Mixed conditions across property types.
Avg Lease Price $2,287/mo
Median Lease $2,150/mo
Avg Asking $2,307/mo
Lease / Ask 99.2%
Leased Over Asking 8.6%
Avg DOM 51 days
Total Leased
151
all residential
Avg Lease Price
$2,287
per month
Median Lease
$2,150
mid-point
Lease / Ask
99.2%
avg ratio
Over Asking
8.6%
of all leases
Avg DOM
51
days on market
Lease Prices by Property Type
Kitchener · August 2025
💰 Lease Price Summary
Average Lease $2,287/mo
Median Lease $2,150/mo
Avg Asking Rent $2,307/mo
Lowest Lease $1,395
Highest Lease $6,000
Lease / Ask Ratio 99.2%
📊 Market Activity
Leased over asking 8.6%
Leased at asking 64.9%
Leased under asking 26.5%
Avg Days on Market 51 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.6% over vs 26.5% under asking.
💰 Lease Price Summary
Average Lease $2,086/mo
Median Lease $2,025/mo
Avg Asking Rent $2,107/mo
Lowest Lease $1,475
Highest Lease $3,050
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 8.5%
Leased at asking 62.8%
Leased under asking 28.7%
Avg Days on Market 54 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.5% over vs 28.7% under asking.
💰 Lease Price Summary
Average Lease $2,697/mo
Median Lease $2,470/mo
Avg Asking Rent $2,709/mo
Lowest Lease $1,395
Highest Lease $6,000
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 8.3%
Leased at asking 69.4%
Leased under asking 22.2%
Avg Days on Market 42 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.3% over vs 22.2% under asking.
💰 Lease Price Summary
Average Lease $2,502/mo
Median Lease $2,500/mo
Avg Asking Rent $2,535/mo
Lowest Lease $1,650
Highest Lease $3,250
Lease / Ask Ratio 98.7%
📊 Market Activity
Leased over asking 15.4%
Leased at asking 41.0%
Leased under asking 43.6%
Avg Days on Market 45 days
Fast · 050Slow · 100+
⚖️ Balanced — 15.4% over vs 43.6% under asking.
💰 Lease Price Summary
Average Lease $2,029/mo
Median Lease $1,900/mo
Avg Asking Rent $2,043/mo
Lowest Lease $1,650
Highest Lease $2,500
Lease / Ask Ratio 99.3%
📊 Market Activity
Leased over asking 0.0%
Leased at asking 85.7%
Leased under asking 14.3%
Avg Days on Market 62 days
Fast · 050Slow · 100+
⚖️ Balanced — 0% over vs 14.3% under asking.
Nearby Cities · August 2025
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Waterloo | $2,291 | $2,200 | 98.6% | 61d | ⚖️ Balanced |
| Cambridge | $2,584 | $2,650 | 99.3% | 53d | ⚖️ Balanced |
| Guelph | $2,641 | $2,500 | 99.4% | 49d | ⚖️ Balanced |
Frequently Asked Questions
Kitchener · August 2025
The average confirmed lease in Kitchener was $2,287/month in August 2025,
based on 151 MLS® transactions. The median was
$2,150/month.
Condos averaged $2,086/mo, freehold averaged $2,697/mo, and townhouses averaged $2,502/mo.
Units in Kitchener took an average of 51 days to lease in August 2025.
Freehold rentals averaged 42 days while condos averaged 54 days.
In August 2025, condos averaged $2,086/month while freehold rentals averaged $2,697/month —
a difference of $611/month.
Kitchener averaged $2,287/month in August 2025. Waterloo averaged $2,291/mo. See the full August 2025 Ontario lease summary →
Looking to rent in Kitchener?
Browse available rentals or connect with a local agent who knows the rental market.
Data note: Based on MLS® confirmed lease transaction data held in our system for Kitchener, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
